For the past 25 years, sam's family ran movie theatres in a mid-sized metropolitan area. four theatres were located in three different cities, all within 15-20 miles of each other. usually, the theatres featured the latest movies, and on the same schedule. although the business kept its theatres on a remodeling schedule, the past few years, there were significant declines in ticket sales. after reading the segment, "let's go to the movies," in the spotlight on small business box, you would suggest to sam that he:

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)